• FN4.5: +0-06 at 103-02. GN4.5: +0-06 at 103-22.
  • Secondary Market Current Coupon: -1.4bps to 3.98%
  • CC Yield Spreads:+80.2/10yTSY. +70.5/10yIRS. Went Out At Wides as TSYs Rallied. Tighter vs. 5pm yesterday 
  • UST10YR: -1.1bps at 3.178%. +0-03 at 102-23.
  • S&P CLOSE: -0.59 at 1055.69.  HIGH: 1077.36  LOW: 1052.98

The FN 4.5 benefited from a late afternoon stock market sell off. The after hours price MBS appreciations allowed lenders to reprice for the better.

The FN 4.5 hit a new record intraday price high of 103-03...

ECON CALENDAR

If you haven't read it yet, check out THIS POST about your loan pricing